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The Application of the Principle of Prudence in the Practice of Enterprises

Hangyu Huang

Abstract


The principle of prudence plays an important role in the quality of accounting information and is widely used in accounting practice. But the principle of prudence also has some problems in practice. It is not advisable to be cautious enough or over, so it is very important to balance the principle of prudence and improve relevant laws and regulations, and strengthen the quality and professional ethics of enterprise managers.

Keywords


Prudence; Practice; Application; Problems; Measures

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References


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DOI: http://dx.doi.org/10.18686/mmf.v6i1.3720

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